Despite Cloud Security, Performance Concerns, ‘Adopt It Now’

Cloud computing

Many sectors in the financial services industry have embraced cloud computing, but one group—high-frequency traders—remain reluctant to adopt shared clouds. This is due to two factors, according to one high-frequency trader in the audience. The first is that he says he needs high performance, not just data storage, and he's not sure that cloud can deliver that level of performance computing. Another factor is cultural. As he puts it, the low-latency desk has a "blank check" from the organization